Dax daily: 20 Aug 2019
Resistance: 11 899, 11 723
Support: 11 646
Statistics for today
Detailed statistics in the Statistical Application
The statistical probability of closing outside of yesterday's range is 71%
Today's session hypothesis
For today, we again expect the initial drop towards 11 646 where we hope to find buyers and finally start heading towards 11 899. If Dax goes below yesterday's low, it is likely we see a faster continuation towards 11 560 which might be another attractive zone for bull traders. If momentum prevails right from the beginning of the session, then the first logical target is the high swing at 11 829 and then 11 899.